IMI Past Earnings Performance
Past criteria checks 6/6
IMI has been growing earnings at an average annual rate of 8.6%, while the Machinery industry saw earnings growing at 3.1% annually. Revenues have been growing at an average rate of 4.3% per year. IMI's return on equity is 27.9%, and it has net margins of 13.5%.
Key information
8.58%
Earnings growth rate
9.77%
EPS growth rate
| Machinery Industry Growth | 7.09% |
| Revenue growth rate | 4.25% |
| Return on equity | 27.94% |
| Net Margin | 13.45% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
Analysis Article • Jul 25
Does IMI (LON:IMI) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update • Jun 19
IMI: Buybacks And Dividends Will Support Future Returns And Capital Deployment
Analysts have slightly adjusted their fair value estimate for IMI, with the price target moving from about £30.73 to about £30.61. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E multiples.Narrative Update • Jun 03
IMI: Buybacks And Dividends Will Support Future Returns And Capital Deployment
Analysts have nudged their price target on IMI slightly higher to around £30.73, citing updated assumptions on revenue growth, profit margins and future P/E that shift their fair value estimate by about £0.20. What's in the News IMI has recommended a 2025 final dividend of 23.2 pence per share, compared with 21.1 pence per share for 2024, with payment scheduled for 15 May 2026 to shareholders on the register at the close of business on 7 April 2026.Analysis Article • Jun 02
What Does IMI plc's (LON:IMI) Share Price Indicate?
IMI plc ( LON:IMI ), is not the largest company out there, but it saw significant share price movement during recent...Narrative Update • May 20
IMI: Share Buybacks And Dividends Will Support Future Capital Returns
Analysts have nudged their price target for IMI slightly higher to £30.53 from £30.25, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E expectations. What's in the News IMI is actively seeking bolt on acquisitions in what it describes as attractive, long term growth markets, with management highlighting a strong M&A pipeline and a focus on deals that meet strict return on capital targets (IMI 2025 Full Year Results Presentation).Narrative Update • Apr 29
IMI: Buybacks And Rising Dividends Will Support Measured Long Term Outlook
Analysts have nudged their price target for IMI slightly higher to £30.25 from £29.97, reflecting updated views on discount rates, long term revenue growth, profit margins, and future P/E assumptions. What's in the News IMI has recommended a 2025 final dividend of 23.2p per share, compared with 21.1p per share for 2024, with payment scheduled for 15 May 2026 to shareholders on the register at the close of business on 7 April 2026 (company announcement).Narrative Update • Apr 12
IMI: Buybacks And Dividends Will Support Steady Outlook With Selective M&A
Analysts have trimmed their price target for IMI to £29.97 from £30.19, reflecting slightly adjusted fair value, discount rate and future P/E assumptions, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News IMI announced a share repurchase program of up to £500 million, with all repurchased shares intended to be cancelled and the program expected to run until no later than 31 December 2026 (Key Developments).Analysis Article • Apr 07
Should You Be Adding IMI (LON:IMI) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Mar 29
IMI: Share Buybacks And Disciplined M&A Will Support A Bullish Outlook
Analysts have nudged their price target for IMI slightly higher to £30.19 from £29.91, citing updated assumptions for revenue growth, profit margins and future P/E as the key drivers behind the change. What's in the News The board authorizes a new share buyback plan for IMI plc on 6 March 2026, signaling an intention to repurchase shares in the market (Company announcement).Narrative Update • Mar 13
IMI: Share Buybacks And M&A Discipline Will Shape A Balanced Outlook
Analysts have adjusted their price target on IMI to £29.91 from £29.03, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E levels. What's in the News Board of Directors authorized a share buyback plan on 6 March 2026, signaling approval for capital to be used to repurchase shares (Buyback Transaction Announcements).Narrative Update • Feb 26
IMI: Slightly Higher Fair Value And P/E Assumptions Will Guide Outlook
The analyst price target for IMI has shifted slightly to reflect an updated fair value of £29.03. Analysts attribute this to small adjustments in the discount rate, revenue growth, profit margin expectations, and a higher assumed future P/E multiple.Analysis Article • Feb 11
What Is IMI plc's (LON:IMI) Share Price Doing?
While IMI plc ( LON:IMI ) might not have the largest market cap around , it saw a significant share price rise of 21...Narrative Update • Feb 10
IMI: Stable Assumptions And Higher Discount Rate Will Shape Fair Value Outlook
Analysts have modestly lifted their price target on IMI to £28.50, reflecting updated assumptions around a 9.0% discount rate and a forward P/E of about 24x, while keeping revenue growth and profit margin expectations broadly unchanged. Valuation Changes Fair Value: Modelled fair value per share is unchanged at £28.50.Narrative Update • Jan 26
IMI: Reconfirmed 2025 Guidance And Organic Expansion Will Support Fair Value Outlook
Analysts have raised their price target on IMI to €28.50 from €27.88, citing slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E as the main drivers of the change. What's in the News IMI reconfirmed earnings guidance for the full year 2025, signaling no change to management's outlook for the period (Key Developments).Narrative Update • Jan 12
IMI: Reconfirmed Guidance And Organic Expansion Will Support Fair Value Outlook
Analysts have made a small upward adjustment to their price target for IMI, now implying fair value of about $27.88 compared with $27.81 previously. This reflects slightly higher assumptions for revenue growth, profit margins and the discount rate, alongside a largely unchanged future P/E.Narrative Update • Dec 26
IMI: Reaffirmed Earnings Guidance Will Support Future Share Price Upside
Analysts have nudged their price target for IMI slightly higher to approximately $27.81 from about $27.77. This reflects modestly lower perceived risk and a stable outlook for revenue growth, profit margins, and forward valuation multiples.Analysis Article • Dec 13
IMI plc's (LON:IMI) Price Is Out Of Tune With Earnings
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 15x, you may...Narrative Update • Dec 11
IMI: Reaffirmed Earnings Guidance Will Support Future Share Price Upside
Analysts have lifted their price target on IMI modestly to approximately $27.77 from about $27.52, citing slightly stronger long term revenue growth expectations, a marginally lower discount rate, and a small upward revision to future valuation multiples, partly offset by a minor trim to projected profit margins. What's in the News Reconfirmed 2025 full year earnings guidance, signaling management confidence in the existing outlook (Key Developments) On track to achieve a fourth consecutive year of mid single digit organic revenue growth in 2025, highlighting consistent operational performance (Key Developments) Valuation Changes Fair Value has risen slightly to approximately $27.77 from about $27.52 per share, reflecting modestly stronger long term assumptions.Narrative Update • Nov 27
IMI: Earnings Guidance And Profit Margin Will Drive Upward Momentum
Analysts have raised their price target for IMI from $26.72 to $27.52 due to slight adjustments to revenue growth forecasts and profit margin expectations, which increase the company's fair value outlook. What's in the News IMI plc has reconfirmed its earnings guidance for the full year 2025.Analysis Article • Nov 27
Calculating The Intrinsic Value Of IMI plc (LON:IMI)
Key Insights IMI's estimated fair value is UK£23.97 based on 2 Stage Free Cash Flow to Equity Current share price of...Narrative Update • Nov 13
IMI: Future Revenue Trend Will Support Ongoing Balanced Outlook
Analysts have raised their price target for IMI from $24.91 to $26.72, citing improved forecasts for revenue growth and a more favorable outlook on the company's future valuation. What's in the News IMI plc has reaffirmed its earnings outlook for the full year 2025 and is projecting a fourth consecutive year of mid-single digit organic revenue growth (Key Developments).Analysis Article • Nov 12
IMI (LON:IMI) Knows How To Allocate Capital Effectively
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Narrative Update • Oct 29
Buybacks Dividends And Acquisitions Will Shape Returns Over The Next Three Years
Analysts have raised their price target for IMI from $24.28 to $24.91. They cite updated assumptions about discount rates and future valuation multiples, even though only minor adjustments were made to revenue growth and profit margin forecasts.Analysis Article • Oct 27
What Does IMI plc's (LON:IMI) Share Price Indicate?
IMI plc ( LON:IMI ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past...Analysis Article • Oct 11
Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Aug 20
IMI plc's (LON:IMI) Shareholders Might Be Looking For Exit
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 15x, you may...Narrative Update • Aug 07
Automation And Net Zero Will Transform Future Infrastructure
IMI’s fair value was slightly raised as its Future P/E multiple increased, indicating marginally higher near-term earnings expectations, while revenue growth forecasts remained steady, resulting in a modest price target increase from £23.54 to £23.72. What's in the News IMI plc is recommending a 2025 interim dividend of 11.0 pence per share, up from 10.0 pence in 2024.Analysis Article • Aug 04
IMI (LON:IMI) Will Pay A Dividend Of £0.11
IMI plc's ( LON:IMI ) investors are due to receive a payment of £0.11 per share on 22nd of September. Despite this...
New Narrative • Mar 02
Capital Allocation And Focus On Automation Will Strengthen Future Performance
Strategic focus on automation and energy efficiency is driving robust order growth and future revenue expansion in key sectors.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How IMI makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 2,304 | 310 | 645 | 0 |
| 30 Sep 25 | 2,254 | 274 | 652 | 0 |
| 30 Jun 25 | 2,203 | 239 | 659 | 0 |
| 31 Mar 25 | 2,207 | 244 | 647 | 0 |
| 31 Dec 24 | 2,210 | 249 | 635 | 0 |
| 30 Sep 24 | 2,210 | 251 | 635 | 0 |
| 30 Jun 24 | 2,210 | 253 | 635 | 0 |
| 31 Mar 24 | 2,203 | 245 | 639 | 0 |
| 31 Dec 23 | 2,196 | 237 | 643 | 0 |
| 30 Sep 23 | 2,179 | 239 | 634 | 0 |
| 30 Jun 23 | 2,161 | 241 | 626 | 0 |
| 31 Mar 23 | 2,105 | 234 | 612 | 0 |
| 31 Dec 22 | 2,049 | 226 | 598 | 0 |
| 30 Sep 22 | 1,990 | 216 | 593 | 0 |
| 30 Jun 22 | 1,931 | 206 | 588 | 0 |
| 31 Mar 22 | 1,899 | 201 | 578 | 0 |
| 31 Dec 21 | 1,866 | 196 | 567 | 0 |
| 30 Sep 21 | 1,866 | 189 | 568 | 0 |
| 30 Jun 21 | 1,865 | 181 | 568 | 0 |
| 31 Mar 21 | 1,845 | 176 | 560 | 0 |
| 31 Dec 20 | 1,825 | 170 | 552 | 0 |
| 30 Jun 20 | 1,830 | 153 | 539 | 0 |
| 31 Mar 20 | 1,852 | 153 | 548 | 0 |
| 31 Dec 19 | 1,873 | 153 | 556 | 0 |
| 30 Jun 19 | 1,903 | 169 | 570 | 0 |
| 31 Mar 19 | 1,905 | 169 | 569 | 0 |
| 31 Dec 18 | 1,907 | 169 | 569 | 0 |
| 30 Jun 18 | 1,817 | 146 | 819 | 0 |
| 31 Mar 18 | 1,784 | 145 | 675 | 0 |
| 31 Dec 17 | 1,751 | 145 | 531 | 0 |
| 30 Jun 17 | 1,742 | 152 | 498 | 0 |
| 31 Mar 17 | 1,700 | 141 | 497 | 0 |
| 31 Dec 16 | 1,657 | 131 | 496 | 0 |
| 30 Jun 16 | 1,558 | 105 | 450 | 0 |
| 31 Mar 16 | 1,563 | 113 | 450 | 0 |
| 31 Dec 15 | 1,567 | 121 | 451 | 0 |
Quality Earnings: IMI has high quality earnings.
Growing Profit Margin: IMI's current net profit margins (13.5%) are higher than last year (11.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IMI's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: IMI's earnings growth over the past year (24.7%) exceeds its 5-year average (8.6% per year).
Earnings vs Industry: IMI earnings growth over the past year (24.7%) exceeded the Machinery industry 10.3%.
Return on Equity
High ROE: IMI's Return on Equity (27.9%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/31 00:32 |
| End of Day Share Price | 2026/07/31 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IMI plc is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Webster | Barclays |
| Jonathan Hurn | Barclays |
| Calum Battersby | Berenberg |